DAVAO — The Expanded 4PH Housing Caravan will open its doors at the New City Hall Lobby in Panabo City, Davao del Norte, on September 14, 2026, as part of the nationwide open house for Pag-IBIG-accredited housing projects. The event runs from 8:00 AM onwards, inviting Davaoeños to explore affordable homeownership options.
A Gateway to Homeownership in Davao del Norte
The Panabo caravan features Deca Homes Panabo, a development designed for individuals and starting families seeking accessible and well-planned communities. Located in Barangay Datu Abdul Dadia, the project offers convenient access to the Maharlika Highway, making travel to Davao City and Tagum easier for work and daily activities.
The community is also near schools, hospitals, markets, and transport terminals, ensuring that daily life remains practical and convenient. A basketball court within the subdivision provides recreational space for families. These features position Deca Homes Panabo as an ideal choice for those looking to settle in a growing area.
Affordable Units with Subsidized Financing
The development offers 32-square-meter units priced at ₱850,000 under the 4PH Program. For a 30-year loan term, the estimated monthly payment is ₱3,275.74 with a 3-percent subsidized interest rate. The required gross monthly income is ₱7,811.25, making it accessible to minimum-wage earners.
The monthly payment computation includes the DHSUD 2-percent interest subsidy, insurance fees, and one month of Pag-IBIG regular savings. The promo rate applies for the first 10 years and can be extended for an additional five years if eligible. These estimates may change based on final loan evaluation.
Project Timeline and Availability
As of May 13, 2026, construction is ongoing with a target completion date of March 2027. A total of 2,106 homes are planned across all phases, with 1,418 units currently available for sale. Availability may change depending on ongoing reservations and approvals.
The open house provides an opportunity for interested buyers to view model units and learn about the application process. Representatives from Pag-IBIG and DHSUD will be on hand to answer questions about financing and eligibility requirements.
Why This Matters for Davaoeños
The Panabo caravan brings the 4PH Program closer to residents of Davao del Norte and nearby areas. It offers a tangible path to homeownership for families who may have thought owning a home was out of reach. The subsidized interest rates and low monthly payments make the dream achievable.
The event is part of the government's broader effort to address the national housing backlog. By opening 14 sites nationwide, the administration ensures that Filipinos across Luzon, Visayas, and Mindanao have access to affordable housing options. Davaoeños are encouraged to visit the Panabo caravan and discover the home they have long dreamed of.
